If you buy a fund and want to take out the money, you need to hold some funds to redeem it, that is, sell it. Redemption is tricky, just like selling stocks. If you want to earn more or lose less, you need to learn the corresponding skills.

What is the skill of fund redemption time?

1 should be redeemed before 15 pm as far as possible, because the redemption before 15 pm is confirmed by the net value of the current day, and the redemption after 15 pm is confirmed by the net value of the next trading day.

Redeem when it goes up, buy low and sell high, redeem when the fund goes up, and don't redeem when it goes down. After all, there is a high probability of redeeming investors to make money when they rise, and a high probability of redeeming investors to lose money when they fall.

3 try to avoid the rate problem. If the fund is held for less than 7 days, the redemption rate is as high as 1.5%. The longer you hold it, the lower the interest rate. If it is held for more than 2 years (i.e. 730 days), the redemption rate is 0.

4 Don't redeem it after Friday afternoon 15, because it is equivalent to submitting an application for subscription and redemption next Monday (trading day), and generally the share will be confirmed next Tuesday.

Fund trading hours:

Generally, it is between 9: 30 am and 3: 00 pm on the fund trading open day, and T day is the trading day.

Fund redemption time:

1 Generally, the arrival time of monetary funds is T+2 working days.

2 bond funds, hybrid funds and equity funds, the redemption time is generally T+4 working days.

3QDII funds should be T+8 after redemption.

Fund redemption is similar to selling stocks, but there are essential differences. After all, there is no problem of no transaction in fund redemption. After submitting the redemption application, the fund company will settle the account on the trading day and then give the money to the investors.